They have denied the incorporation of the firms that drill for various blends of Iranian Heavy into the global financial network. If they did, then they could be plugged into IMF and banking stuff that would gradually apply different kinds of incremental pressure to force them to sell to the Gulf Coast at a loss.
By their staying independent, the Gulf Coast refinery complexes are denied heavy crude to mix with the light crude they already have, causing the medium distillates made from them to have supply deficits. There are structural constraints on jet fuel and diesel, because the Iranians won't let the US buy up all of the ingredients.
Venezuela, Greenland, Nigeria and Iran are the parts of the world where the rate of US diplomatic belligerence has increased, instead of the rate staying flat, for the same exact reason - shortages of the heavy crudes that are needed for mixing.
It's not a good vs evil thing on either side, though, this is just people under pressure to improve gas prices following the incentives they are faced with.
OgsyedIE|1 day ago
By their staying independent, the Gulf Coast refinery complexes are denied heavy crude to mix with the light crude they already have, causing the medium distillates made from them to have supply deficits. There are structural constraints on jet fuel and diesel, because the Iranians won't let the US buy up all of the ingredients.
Venezuela, Greenland, Nigeria and Iran are the parts of the world where the rate of US diplomatic belligerence has increased, instead of the rate staying flat, for the same exact reason - shortages of the heavy crudes that are needed for mixing.
It's not a good vs evil thing on either side, though, this is just people under pressure to improve gas prices following the incentives they are faced with.